Answered2 years ago
What happened to Malcolm Dolly Dale's post about Kasikorn Bank's self-declaration forms for expats?
Everything else: Where is the post from Malcolm Dolly Dale about expats receiving Mail from Kasikorn Bank with request for filling out forms for selfdeclaration etc. all for tax transparency 🤷🏻♀️ I had questions they were answered and now it says post doesn‘t exist anymore 🙁.
Answer summary
A recent discussion among expats revolves around the email notifications sent by Kasikorn Bank, requesting customers to fill out self-declaration forms for tax transparency compliance under CRS regulations. Some users reported successfully completing the process at their local branches, while others raised concerns about being away from Thailand and how to submit the required documents. The conversation also touched upon the confusion regarding who received these communications and the underlying procedures for compliance.
29 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
Graham ********
I received the same email yesterday. I don't have an issue filling out the forms, but wondering what to put in the space where it asks for addresses/jurisdictions on the FATCA - CRS form for individual certification?
Peter **********
Just be prepared for such questions if you are using another bank. No reason to panic.
********************************************
**********
*****
*****
*****
/Sue **********
OPWell in the meantime I got some more people in other forums who posted they received this Mail from Kasikorn. I also found some information here:
I think the most reasonable anwer there was, that most elder accounts receive this mail now and those opened shortly already signed thos forms at the account opening. This would at least explain why some got the mail and some not.
I think the most reasonable anwer there was, that most elder accounts receive this mail now and those opened shortly already signed thos forms at the account opening. This would at least explain why some got the mail and some not.
*************************************************************************
*****
88-k-bank-e-mail-with-tax-forms-attached/
Danielle ********
Following
Ling *****
I was watching that thread too because if I have to fill out that form how can I do it as I won't be back in Thailand for some months. How long do they give you to do it? Can it be done online? Will they freeze my account etc??
Peter *******
@Ling ****
of course can be done online, they've asked you to email back the completed formsLing *****
@Peter ******
thanks, I didn't know that because I haven't received this email yet. I have both a Bangkok Bank and Kasikorn Account. Both were openened 10 years + ago.
Brandon ************
The activity log shows the post was approved but it cannot be found. Since there is no moderator action showing that the post was removed, it means the poster deleted it.
James *********
So what's yer question ❓
Sue **********
OP@James ********
My question was why didn‘t everyone got this mail? It doesn‘t depend where you‘re from I got messages from my fellow expats from all kind of countries who received this mail.
Gary **********
Just got it tonight had a quick look and looks to me it's mostly for U.S. citizens
Kim *********
@Gary *********
no it is notGary **********
@Kim ********
then why does it only state U.S citizen and not any other nationality.Gary **********
@Jeffrey ********
my kisikorn account was after 2016 but my bangkok bank account was b4 and I haven't had such email from them. I will just have to go and enquire in the bank thanks anyway Jeffrey.
Jeffrey *********
@Gary *********
Yes. I know nothing about CRS, but Thailand and the US signed an agreement eight years ago in which the Thais agreed to enforce FATCA. As a result, Thai banks are required to ask every person opening an account whether or not they are a "US person" for FATCA purposes. This recent email may be reaching out to folks who opened their accounts before 2016 and so never filled out those forms.Sue **********
OP@Gary *********
go to your bank and they will help for sureKim *********
@Gary *********
maybe you will get a request eventually...Gary **********
@Jeffrey ********
so are these a mandatory formality that as to be done?Gary **********
@Kim ********
it's a bit confusing as I don't get a state pension from my government in the UK .I'm getting a private one and have not been asked for any Thai Tin nu.bers from them
Jeffrey *********
@Gary *********
The forms are for both FATCA and CRS. FATCA applies to "US persons" (which is actually a much broader category than just US citizens), but CRS applies to lots of other nationalities.Kim *********
@Gary *********
well why have I as a Danish citizen been asked for a Thai TIN number from the Danish authorities and my Danish pension company? It's an international agreement signed by Thailand OECD and a lot of other countries
Colin *******
I've received that email and I'm not going to respond to it I will take the forms into my local branch
Graham ******
@Colin ******
same, same. Got my email yesterday.
Lee ***********
Done it today, walked in to my local branch and they had it done for me in 20mins, they even scanned it all to the designated email, very helpful.
Graham ********
@Lee **********
Hi Lee - what information did you provide in the space for "addresses/jurisdictions" on the FATCA - CRS form for individual certication?Lee ***********
@Graham *******
Hi Graham, I put my UK address and tax code.Lee ***********
@Graham *******
glad you got sorted 👍🏻Graham ********
@Lee **********
........as I don't have my own residential address back in Australia I was unsure what address details to put in the form..........and so I went to my branch this morning and they were happy to put the address on my Australian driver's licence - my daughter's address........and so all done!Cheers!
Pete *******
This is just about CRS compliance by the Thai banks and financial institutions. Not really news just banks starting to comply with CRS regulations. Everyone with a Thai bank account will be required to provide the requested information.
Activity
15 joined15
people
Related
25Why is it difficult for expats, especially US passport holders, to open bank accounts in Thailand?
1.1k10104d
What do I need to open a bank account in Thailand on a retirement visa, and can anyone recommend a reliable agent in Koh Samui?
17.7k853705mo
What are the safest Thai banks for expats to avoid account freezes?
15.2k1241886mo
Which banks in Thailand allow joint account holders to access their accounts via separate apps?
5.9k161468mo
What should Kbank account holders in Chaengwattana know about the branch relocation?
3k21329mo
What issues should I be aware of when using Wise for international transfers to Thailand for visa extension purposes?
12k8615110mo
What are the challenges expats face when trying to open a bank account in Thailand?
3.4k27251y
What documents are necessary to open a bank account in Thailand on a non-immigrant O visa and married to a Thai citizen?
3.3k18421y
What are some banks in Thailand that are easier to open an account with for expats on a Non-Immigrant Visa?
3.6k35171y
Which bank is best for Wise remittances to show foreign transfer on Thai statements?
4.2k38251y
What issues are expats facing with Thai banks regarding account freezes and visa types?
2.9k20301y
Has anyone experienced account blocking issues with Kasikorn Bank after receiving a Thai visa?
4k24241y
What should I do if my Bangkok Bank account is locked and I'm not near my branch?
15.1k129951y
Should I use a visa agent for the Non-O retirement visa in Thailand and which bank should I choose in Bangkok?
3.3k31201y
Why are Bangkok Bank accounts being frozen for DTV visa holders, and what are the alternatives?
14.2k1291181y
What are the recent experiences with sending money using Wise to Thai banks?
5.3k33271y
Can I open a Thai bank account with a DTV visa in Bangkok?
3k28132y
What are the current issues regarding bank account requirements for expats in Thailand?
1.5k9122y
How do expats in Thailand choose a local bank for their accounts?
5.1k38443y
What is the easiest way for expats to open a bank account in Thailand?
33.2k2614063y
What are the typical interest rates for bank accounts in Thailand compared to the US?
6.5k49753y
What are the requirements for opening a bank account in Thailand with a TR visa?
1.4k1065y
How can I successfully open a bank account in Thailand with an O-A visa?
12.1k1121015y
Which banks allow opening an account with a short-term visa in Thailand?
5.8k59226y
What do I need to open a bank account in Thailand while on a Tourist Visa?
6k50546y
Resources
Need help with your Thai visa?
#1 visa agent · 4,000+ reviews · 100,000+ expats served